Stonebriar Closes Multi-Million Simulator Financing Transaction for Major Aviation Company
Stonebriar Commercial Finance closed a large multi-million transaction on a current production business jet full flight simulator and an associated business jet flight training device to achieve client objective.
The client, a major corporation in the aviation industry, had an objective to structure a transaction within a short time frame. Stonebriar provided an innovative solution which achieved operational savings and efficiencies for the site location while satisfying client’s goals.
Michael Amalfitano, EVP, Senior Managing Director, Business Aviation stated, “Stonebriar, through a well-coordinated effort, worked very closely with our client to quickly design a cost effective structure that capitalized on our extensive product and asset knowledge to meet the client’s objectives in a time sensitive manner. We were able to meet the client’s needs and close the transaction quickly while maintaining prudent investment standards. The client was extremely satisfied with the results.”
About Stonebriar Commercial Finance: Stonebriar is a privately held commercial finance company established in 2015 and based in Plano, TX. With financial backing from Security Benefit Corporation, Stonebriar is building a world class, multi-billion dollar platform of commercial loans and leases. Stonebriar specializes in transactions for businesses in a wide variety of industries (Business Aviation, Rail Leasing, Realty Capital, marine, transportation, manufacturing, energy, etc.) throughout the entire credit spectrum located in the United States, Canada and select other foreign jurisdictions.
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